What happens if the appraisal is below our purchase price?

Описание: In this video, Mike Love from Great Move Realty sits down with Mike Stoerkel from Hamilton Appraisal Services to discuss a common real estate challenge - what happens if the appraisal comes in below our purchase price? As a home buyer or seller, it's crucial to understand what this means and how to navigate the appraisal process and potential negotiation.

During the conversation, Mike Stoerkel explains the role of an appraiser and how they determine the value of a property. He also discusses the factors that can lead to a lower-than-expected appraisal and provides insights on how to handle this situation as a buyer or seller.

If you need help with buying or selling residential real estate in the greater Akron, Ohio area, don't hesitate to give us a call. @The Mike Love Team serves greater Summit County and our office is in Fairlawn. We’re a veteran owned and operated business who honor those who’ve served and serve those with honor. We are here to help! Download our Buyer's Guide https://themikeloveteam.com/buyers-guide or Seller's Guide https://themikeloveteam.com/sellers-g... and give us a call today! We look forward to serving you. https://themikeloveteam.com/

































































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